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If you ask me we, will bounce back to the bottom blue regression line.
Stay tuned for both scenarios - short and long.
👉S&P 500 Main trend is DOWN.
👉Touching top orange regression line.
👉Seems S&P 500 will bounce back down from the top regression orange line to the blue bottom regression line.
Note: Indicator is Pivots Points Algo - bare are...
The world seems to go wild! or maybe it's just evolving as if evolution intended for us to be involved.🙉
There is no doubt that we can control the consequence and the result in many areas of life, but in some, there is nothing we can do about it! 🤖
We have experienced in just two years a worldwide epidemic of the Corona virus and a war of Russia's invasion...
The S&P 500 is wild, 7 weekly red candles in a row! Seven! I don't think I have ever seen anything like that in the past!
I am going to say it simply, I estimate that in the very short term (few days) we will see a minor up trend and then we are going to test the next bottom support line...
BTCUSD is in an interesting zone as it did decline quite a bit in the last months while we are waiting for an up reversal, which might come soon, so stay tuned and be ready!
Breaking the TOP orange line is an additional opportunity to enter BTCUSD as it might continue to the top blue line! Also notice the price stays above the blue diagonal line.
On the other...
About S&P 500
The S&P 500 is a stock market index that tracks the stocks of 500 large-cap U.S. companies.
We are on a MINi sideway market.
We just broke 4175 tag and this critical!
Breaking ▲ 4175 pivot line (green line) generated a significant bullish sign!
It can result in reaching & testing the 4240 resistance...
Magnite - MGNI
Magnite is a global advertising platform that automates the buying and selling of digital advertising inventory in real-time. It is the largest independent, sell-side advertising platform in the world with a focus on monetizing CTV and digital video ad campaigns.
Obviously MGNI rose more...
United Airlines seems to be aiming to around 40.5 after breaking down the uptrending tunnels.
Watch for a rebound at around 40.5 which can be a great entry. Around 40.5 seems to be a great support zone!
Also my AHL indicator shows narrowing highs and lows which can be interpreted as a reversal might occur soon.
Watch out. if it breaks down the 44.50 it can get even lower, it's hard to determinate how low it can get , after all, NIO ascended non-stop from the 14th October and there are no much visual support and resistance . I would assume it will touch 38.70 and than might bounce back up, if it breaks 38.70 it will deep even more.
It seems that the whole sector of...
About Boeing: The Boeing Company is the world's largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems. A top U.S. exporter, the company supports airlines and U.S. and allied government customers.
BA is very interesting, here is my technical analysis:
Analysis of BABA (Alibaba Group).
Current price is an opportunity to buy BABA.
Alibaba group lays on a strong support level, and just might bounce back up.
Even if my RSI Tunnels indicator is bearish, but it's in the deeps and there might be an opportunity here for a long.
Stop Loss = 255
Take Profit = 300
Buy around current prices, 265-266
We can loss around 10$...
Using the RSI Tunnel indicator of mine to analyse S&P 500 direction.
As you can see in the chart, it's quite touching the resistance at 3590.
We did get a bullish signal with RSI Tunnel indicator like 6 bars ago.
Be cautious, if it breaks resistance level it will do it strong, otherwise we have pullback.
Note: In case you want to help me test the RSI tunnel...
There is a symmetrical converging triangle.
The market seems listless in its direction. The supply and demand, therefore, seem to be one and the same.
During this period of indecision, the highs and the lows seem to come together in the point of the triangle with virtually no significant volume. In this case we just don't know what position to take.
There is a convergenting triangle.
If breaking LOWER triangle line, Tesla will drop a bit more.
Breaking the TOP triangle line is a a sign that tesla will probably going to test it's all time HIGH at 500!
Round numbers are known to be hard to break.
After good reports, chance for a bounce to test around 455-460.
Using a strange but beautiful indicator which i have built.
I call it "Traders Voice".
The indicator uses High/Low pivots to translate traders decisions into a beautiful vocal spectrum.
If interested in the indicator write me below.